Hey Everyone, Following on firstly from our update on the 1H chart below from yesterday; although we saw price drop below 2312, we had no cross below 2312 with ema5 confirming the rejection for a nice bounce up, as analysed. Here on the 4H chart, no cross above 2336 weighted level gave the perfect rejection into the retracement range for the perfect reaction...
Hey Everyone, Great start to the week with our chart idea playing out as analysed. We were seeing price test 2332 weighted level and failed to lock above 2332 with ema5 confirming the rejection into the retracement range. The retracement level gave us the perfect bounce for a clean 40 pips, as part of our plans. We then had the 2322 weighted level cross and lock...
Currently, we received a reaction from the daily level, which was at 65k, and the price is holding for now. If at some point we see that the correction continues, the FVG located from 63k-64.5 is an excellent longa zone. Of course, we always have to be ready for both cases, below there are strong levels of 60-61k. Only below that is the possibility for 50k. Better...
The euro and Japanese yen were the biggest losers in the past week, facing losses against several currencies exceeding 1%. Both markets declined based on their expected short and long-term outlooks. The British pound also lost some ground recently, aligning with a few fundamentals. Of course, there are other interesting developments to observe to begin yet...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test 2332 weighted level and we will need to see ema5 cross and lock above 2332 to open the range above to test 2343 and 2349. Rejection here will see price fall back into the retracement range 2322 - 2312 and a further test and break below 2312 will open...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2336 resistance and 2307 Goldturn support. We will need to see a test and lock on either levels to open the next range. We will need to see ema5 lock above 2336 to open the range above or a rejection before this will follow...
Hey Everyone, Please see our updated daily chart structure. Last week we were seeing price test support at 2309 with a candle break below opening gap to 2259 and we confirmed we would need to see ema5 to lock below 2309 to further confirm this gap otherwise a failure to lock below will follow with a reactional bounce here to 2355. - This played out perfectly...
Hey Everyone, After tracking and trading our last weekly chart idea successfully over the last few months, we have decided to now update the chart with new levels and re-align the ascending channel. Although we saw price break out of this channel ema5 has created the true channel top resistance here. Price is now heading towards the channel half line and found...
We are currently looking at futures trade with members on certain coins, as well as dca zones. INJ has covered the weekly and monthly levels behind it at the price of $24. We waited for the news to see how buyers would react. Now that we have confirmation, we get the courage to go long on this coin. In this case, INJ must hold $28 until the 200 DMA is at $31. If...
Hey Everyone, Once again another great day on the chart today with our gap above giving us the confidence to buy dips form our Goldturns, as suggested yesterday. 2296 Goldturn gave us the bounce, as planned completing 2309 and 2326 inline with our plans to buy dips and now with protected profits heading for the gap. We are happy with the catch and now closing...
USDJPY is moving in an ascending channel, move to the resistance level and We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
Hey Everyone, After completing our target at 2326 yesterday, we have a gap left open at 2349. We got a nice run of over 150 pips but not the full gap. As always we only buy from dips so our exits have been nice, safe and early. We also highlighted that any rejection before the target, we will be looking for support above 2309 for the bounce. This played out...
A bullish pin bar has formed on the gold chart, suggesting a potential rise in gold prices. If the price breaks above the 2325 resistance level, this would confirm the bullish trend. It is advisable to set a stop-loss in the 2310-2305 range to manage risk in case of a breakout.
Hey Everyone, 2326 HIT - BOOOOOM!!! Yesterday after completing 2296 and 2306 we confirmed a cross and lock opening gap to 2326 Goldturn. This target was hit today as called out yesterday. We are now seeing ema5 cross and lock above 2326 opening 2349. We have FOMC today so taking caution and any rejection before the target will be looking for support above 2309...
A coin that has a similar movement as the ADA cardano in 2021, and also of fundamental quality. It is one of the coins that appeared first in terms of strength when the euphoria began in 2023. Now it would be wisest to be patient because futures are in question. When we look at the futures trade, wait for the FVG to fill up, which would lead to a drop of 20%...
Hey Everyone, Another great day on the charts today with our 1H chart also playing out perfectly inline with our plans to buy dips. 2296 and 2309 both bullish targets now complete on this chart. We now also have a cross and lock opening gap to 2326 Goldturn. We got a nice movement upto 2320 over 100 pips from the 2309 level before another drop leaving the gap...
Hey Everyone, Great start to the week with a perfect continuation of our 4H chart idea that we have been tracking. Last update price was testing the swing range and we were expecting a reaction in this range. - This played out perfectly with the perfect swing action straight into 2313 completing the gap and swing. We will now wait for ema5 to lock above...
announcement on monetary policy of the US Federal Reserve (Fed) The world gold market last week continuously received important data, causing prices to continuously reverse. Notably, on the last trading day of the week, the market suffered two shocks that caused prices to continuously "plunge". In just 1 day, gold lost more than 3.5%, marking the largest intraday...